No Data
A-Share Market Close: Declines on Lower Volume! ChiNext Index Drops Over 1%, Beijing Stock Exchange 50 Index Falls More Than 3%; Minor Metals and Semiconductor Materials Rise Against the Trend
Gelonghui, June 11 | China’s three major A-share indices continued to decline today. As of market close, the Shanghai Composite Index fell 0.16% to 3,987 points, the Shenzhen Component Index dropped 0.68%, the ChiNext Price Index declined 1.13%, and the Beijing Stock Exchange 50 Index plunged 3.34%. Total market turnover amounted to RMB 2.57 trillion, down RMB 69.2 billion from the previous trading day, with over 4,000 stocks posting losses. In market performance, SK Hynix’s attempt to substitute molybdenum for tungsten drove gains in minor metals and nonferrous metals sectors, with shares of Jindu Group, Shenglong Co., Ltd., and Zhangyuan Tungsten surging by their daily trading limits; the semiconductor materials sector continued its strong rally, with Jiangfeng Electronics and several other stocks hitting the 20% daily upside limit; helium gas concept and industrial
A-share gaming stocks plunged collectively, with Youzu Interactive hitting the daily trading limit down and Perfect World falling more than 5%.
Gelonghui, June 11 | Game stocks in the A-share market collectively plummeted. Among them, Youzu Interactive hit the 10% daily trading limit down, Fuchun Holdings fell by more than 7%, and Tomcat, Xinghui Entertainment, Sinotek, Perfect World, and Glacier Network all declined by over 5%. Palm Fun, ZQGame, and Kaisa Culture dropped by more than 4%.
The poisoning case involving Lin Qi, founder of Yoozoo Games, has been concluded, and Xu Yao, former CEO of Three Body Universe, has been executed.
A-share AI application stocks collectively surged, with Yidian Tianxia rising more than 12%.
Gelonghui, May 15th | The AI application sector in the A-share market collectively performed strongly. Among them, YiDian TianXia surged over 12%, Yue Media and Yinli Media hit the 10CM涨停 (price limit), Keyuan Wisdom rose over 9%, Zhongkong Technology increased by more than 8%, Nengke Technology climbed over 7%, Zhide Mai rose over 6%, Runda Medical increased by over 5%, and Insig Group, Blue Focus, Wonders Technology, Shengguang Group, and Youzu Network all rose over 4%. In terms of news, Google plans to announce a series of Android system upgrades at the I/O Developers Conference. It is reported that Google is fully committed to upgrading its Gemini model from a chatbot to be deployed on mobile phones and browsers.
Youzu Networks: First Quarter Report for 2026
Youzu Networks: 2025 Annual Report